Programs

The Dream...

The dream of homeownership has always been at the very heart of the “American Dream”. We believe that homeownership is the foundation of financial security for aspiring families. At Residential Bancorp, we help you navigate the mortgage process with our core values of Integrity, Experience and Service; and help you realize the American Dream.

Various types of loan programs

FHA Loans
The FHA, or Federal Housing Administration, provides mortgage insurance on loans made by FHA-approved lenders. FHA insures these loans on single family and multi-family homes in the United States and its territories.

Conventional Loans
A conventional loan is a loan backed by either Fannie Mae or Freddie Mac, the two entities which comprise the Federal Housing Finance Agency (FHFA). More than half of all new mortgage loans are conventional loans, which include special mortgage programs such as the HomeReady™

VA Loans
A VA loan is a mortgage loan in the United States guaranteed by the U.S. Department of Veterans Affairs (VA). The loan may be issued by qualified lenders. The VA loan was designed to offer long-term financing to eligible American veterans or their surviving spouses (provided they do not remarry).

Additional Programs

FHA Loans
VA Loans
FNMA / FHLMC Conventional
203K Limited
USDA Guaranteed Rural Housing
HUD Repair Escrow
Good Neighbor
FHA Streamline

Manual Underwriting
CALHFA ZIP
Mortgage Credit Certificate
GFSA Platinum
Manufactured Housing
Home Ready
Call for more programs

Questions?

Have questions about our programs and products? Speak with a Program specialist today by filling the form out below or calling us directly at (888) 329-8518

Help is a phone call away. Reach out to us.

888.329.8518

© 2020 Residential Bancorp. Corporate NMLS ID # 210853 located at 5686 Dressler Road, NW, Canton, OH 44720. All rights reserved. Licensed by the State of Alaska Department of Commerce Community, and Economic Development, license #AK201853; Licensed by the Arizona Department of Financial Institutions, license #929201; Licensed by the California Department of Business Oversight under the California Residential Mortgage Lending Act, license #4131217; Colorado Division of Real Estate, Mortgage Company Registration, license #210853 - To check the license status of your mortgage loan originator, visit http://www.dora.state.co.us/realestate/index.htm; Licensed by the Florida Office of Financial Regulation, Mortgage Lender Servicer, license #MLD717; Licensed by the Idaho Department of Finance, Consumer Finance Bureau, license #MBL-8519; Licensed by the Louisiana Office of Financial Institutions, license #201853; Licensed by the Maryland Commissioner of Financial Regulation, license #210853; Licensed by the Montana Division of Banking and Financial Institutions, license #210853; Licensed by the New Mexico Financial Institutions Division Unit, license #210853; Licensed by the Nevada Division of Mortgage Lending, license #4064; Licensed by the Ohio Division of Financial Institutions, Consumer Finance, license #SM.501265.000, Mortgage Banker Exemption license #MBMB.850033.000; Licensed by the Oklahoma Department of Consumer Credit Licensing, license #ML010488; Licensed by the Oregon Division of Finance and Corporate Securities, license #ML-5325; Licensed by the Texas Department of Savings and Mortgage Lending, license #210853; Texas - CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550. THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. Licensed by the Utah Department of Commerce Division of Real Estate, license #8984673; Licensed by the Washington Financial Institutions Division of Consumer Services, license #CL-210853; Licensed by the Wyoming Division of Banking, license #2697. For all licenses, visit http://www.nmlsconsumeraccess.org. All loan programs, terms and interest rates are subject to change and/or discontinuance without advance notice. Equal Housing Lender.